Stratford, ON (1 Hour from London) Fully leased and completely renovated 5 unit Commercial multiplex FOR SALE $1,400,000 Downtown busy area. - Ca-type-apartment-buildings

9 Jan 2025


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</style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>431292</td>
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<tr><th class='dispLabel'>status</th><td class='dispData'>Active</td>
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<tr><th class='dispLabel'>Subject Line</th><td class='dispData'>Stratford, ON (1 Hour from London) Fully leased and completely renovated 5 unit Commercial multiplex FOR SALE $1,400,000 Downtown busy area.</td>
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<tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Southwestern Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Stratford</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td>
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<tr><th class='dispLabel'>Location, City</th><td class='dispData'>Stratford, ON</td>
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<tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td>
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<tr><th class='dispLabel'>Business category</th><td class='dispData'>Commercial Buildings/Hotels/Motels<br>Apartment buildings/multi unit/condo townhouse projects/investments</td>
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<tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>January 9 2025</td>
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<tr><th class='dispLabel'>Type Description</th><td class='dispData'>Commercial Residential Building & Land for Sale</td>
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<tr><th class='dispLabel'>Location</th><td class='dispData'>Stratford, ON</td>
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<tr><th class='dispLabel'>Price</th><td class='dispData'>$1,400,000.00</td>
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<tr><th class='dispLabel'>Building area</th><td class='dispData'>4395</td>
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<tr><th class='dispLabel'>Zoning</th><td class='dispData'>C3 </td>
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<tr><th class='dispLabel'>Comments</th><td class='dispData'>Excellent investment opportunity in downtown Stratford! Fully leased, and completely renovated 5 unit multiplex across from Avon Theatre close to major amenities including public transit. Formerly a restaurant, in 2015-16 this building was converted into a 3 units res; 2 unit comm building. Low maintenance and requires no capital improvements. High end finishes throughout entire building including 'hardie' board on back exterior, flooring and fixtures inside. 3 upscale apartments with s / s fridge, stove, dishwasher, individual furnaces & central a / c, on demand water heaters. Coin laundry room. 2 excellent commercial tenants have access to 2 shared public bathrooms. Front and rear entrances / exits. Everything up to code. 6% cap. Viewings will only be considered after acceptable offer. Please do not approach tenants or enter building. Seller would consider a share sale / selling the corporation that owns the building which could be advantageous to buyer and seller. Confidentiality Agreement required for additional info. X11911865</td>
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<tr><th class='dispLabel'>Internet Links</th><td class='dispData'><p><a href="https://rlpheartland.ca/listing/116-downie-street-stratford-ontario-n5a-1x1-27776020/" target="_blank"> RLP Heartland Website </a></p><p><a href="https://www.southhuron.ca/" target="_blank"> South Huron </a></p></td>
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<tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>101</td>
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<tr><th class='dispLabel'>Control</th><td class='dispData'>MLS</td>
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<tr><th class='dispLabel'>Name</th><td class='dispData'>Fred Lobb</td>
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<tr><th class='dispLabel'>Title</th><td class='dispData'>Broker / Owner</td>
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<tr><th class='dispLabel'>Company Name</th><td class='dispData'>Royal LePage Heartland Realty, Brokerage</td>
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<tr><th class='dispLabel'>Address Line One</th><td class='dispData'>1 Albert St</td>
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<tr><th class='dispLabel'>City</th><td class='dispData'>Clinton</td>
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<tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td>
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<tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>N0M 1L0</td>
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<tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td>
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<tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(519)482-3400</td>
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<tr><th class='dispLabel'>Cell Number</th><td class='dispData'>519-955-0012 Cell</td>
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<tr><th class='dispLabel'>Home Number</th><td class='dispData'>519-955-0012 Cell</td>
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<tr><th class='dispLabel'>FAX Number</th><td class='dispData'>(519) 482-3477</td>
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<tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://iciworld.com//emailForm.jsp?mid=101&msgnum=431292'>Send Email</a></td>
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<tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='https://fredlobb.royallepage.ca/' target='_blank'>Home&nbsp;Page</a></td>
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